Sri Lanka to hold talks with Indian Oil to tide over energy crisis

Sri Lanka will hold talks with the Indian Oil Corporation on Tuesday as part of a desperate measure to tide over the current fuel and energy crisis faced by the island nation, Power Minister Gamini Lokuge said on Monday.

Lokuge said that the talks with the Indian Oil Corporation’s local entity would be held for a solution to the fuel crisis.

The Lanka IOC, the Sri Lankan subsidiary of India’s oil major Indian Oil Corporation (IOC), has been in operation in Sri Lanka since 2002.

I have asked my officials to start talks with the LIOC tomorrow (Tuesday), I will join if necessary, the power minister said.

He said that the continuous electricity supply could be assured until January 22. Previously, he said the supplies could be ensured until January 18.